A Basically Bearish View

Chris Johnson of Schaeffer's Investment Research sees a market that continues to move lower, though he has a few picks in telecom and oil

"The stock market looks a little too precarious to me," says Chris Johnson, director of quantitative analysis for Schaeffer's Investment Research. Johnson describes himself as short-term bearish and adds that, longer term, "You're likely to see a market that continues to move lower, rather than higher."

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